Published: 2025-09-22T07:56:18.000Z
Chart EUR/CHF Update: Room to extend bounce from .9305 low
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Turned up from the .9305 low to reach the .9350 congestion as prices unwind oversold daily studies
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9445/50 | ** | 18 Aug high, congestion | S1 | 0.9305 | * | 18 Sep low | |
| R3 | 0.9435 | * | 50% Mar/Apr fall | S2 | 0.9262/00 | ** | 1 Aug low, congestion | |
| R2 | 0.9395/00 | * | 5 Sep high, congestion | S3 | 0.9212 | ** | 11 Apr YTD low | |
| R1 | 0.9350 | * | congestion | S4 | 0.9202 | ** | Nov 2024 year low |
Asterisk denotes strength of level
07:50 GMT - Turned up from the .9305 low to reach the .9350 congestion as prices unwind oversold daily studies. Clearance will see room for stronger gains to retrace the August/September losses and see room to resistance at the .9395/.9400 area. Higher still will open up scope to .9435/45, 50% Fibonacci level and the August high. Meanwhile, support at the .9305 low and .9300 congestion should now underpin and sustain the higher low from the .9262 low of August.